Capmont Technology launches €100m fund for B2B tech startups

Capmont Technology, a Munich-based venture capital firm, has launched a new €100 million fund aimed at B2B technology startups solving industry-specific problems. This fresh capital raises the total funding accumulated by the firm to €300 million since its inception in 2016.

Targeting companies from late seed to Series B stages, Capmont Technology focuses on businesses showing early-stage traction and proven customer demand.

The new fund will invest in various sectors, including software-defined hardware, industrial technology like supply chain and manufacturing IoT, enterprise SaaS, robotics, and cybersecurity. Typical investment sizes will range from €2 to €5 million, with additional capital reserved for follow-on rounds.

The firm, previously known as Deutsche Invest Technologies, operates as part of Capmont, an alternative asset management platform. Capmont Technology has a track record of investing in sustainable ventures that provide clear business value and return on investment to their customers. Beyond financial backing, the firm offers ongoing operational support and leverages a robust network of industry connections to assist in go-to-market strategies.

Dr Torsten Kreindl, Managing Partner at Capmont Technology, commented on the competitive nature of the startup ecosystem and the firm's approach to fostering collaboration. "The start-up space is known for being extremely competitive, but it can also be hugely collaborative. Our aim is to offer founders an unmatched network, and we go above and beyond to help them succeed. Rather than deploying capital and hoping for the best, we commit to supporting entrepreneurs longer-term - whether that comes in the form of introducing them to decision-makers and potential customers, or another injection of funding when the time is right," he said.

Capmont Technology is committed to providing new founders comprehensive support, aided by the team's professional engineering expertise and first-hand experience as founders and operators. The firm also benefits from an extensive range of Limited Partners (LPs), including institutional investors, family offices, and ultra-high-net-worth individuals, primarily comprising entrepreneurs and C-level executives based in DACH enterprises (Germany, Austria, and Switzerland).

Dr Matthias Roth, another Partner at Capmont Technology, is enthusiastic about the potential for industrial technology investments. "There are many exciting opportunities to invest in industrial technology applications that truly make an impact while generating superior returns for investors. That's precisely what this fund focuses on. We're eager to work with more founders who are fuelled by a strong economic equation where costs are balanced, resources optimised, and nothing is wasted - leading to maximum impact," he elaborated.

Capmont Technology's portfolio includes notable investments in companies such as Konux, an AI-powered railway optimisation firm; Plume, an operator of self-optimising WiFi services and network control; and ProGlove, an industrial IoT company acquired by Nordic Capital. Other early-stage ventures supported by the firm include Celus, Mercanis, Flowers, and Arch Systems.

The software-defined data centre market, which features technologies supported by Capmont, is projected to grow substantially, from USD $71.09 billion in 2024 to USD $307.79 billion by 2032, at a compound annual growth rate of 20.1%. This rapid expansion underlines the significant potential within the sectors targeted by Capmont Technology's latest fund.

Given the new fund and its strategic approach, Capmont Technology states the company is positioned to play a crucial role in identifying and scaling B2B tech companies poised to become industry leaders.